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flag Uber reports Q1 revenue up 14% to $11.53B, but shares drop as revenue falls short of expectations.

flag Uber reported a 14% revenue increase to $11.53 billion in Q1 2025, slightly below analyst expectations. flag The company saw strong growth in mobility and delivery segments, with 18% more trips and 14% more monthly active users. flag Net income surged to $1.78 billion, reversing a loss from the previous year. flag Despite the positive earnings, Uber’s shares fell due to revenue concerns. flag For Q2, Uber forecasts gross bookings between $45.75 billion and $47.25 billion, with adjusted EBITDA of $2.02 billion to $2.12 billion. flag The company also plans to expand into autonomous vehicle technology.

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